Report: Christie ally stepping down from investment council chairmanship

During today’s meeting of the New Jersey State Investment Council, private equity executive Robert Grady said he is stepping down from the chairmanship of the panel, according to a report iN International Business Times.

“As Chris Christie draws closer to a run for president, there’s intensifying scrutiny of donations flowing to his political organizations from executives at financial firms that manage ever-larger slices of New Jersey’s $80 billion state pension system,” according to the report. “Now, the Christie political confidant at the center of many of those questions is resigning.”

Read the IBT report here.

Report: Christie ally stepping down from investment council chairmanship